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A third of everything

Mortgages... not all its cracked up to be it seems

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Just been browsing through the first couple of pages of the mortgage board on MSE. Interest only mortgage plus debt charge on property - guy wants to remortgage and combine to repayment, he has absolutely no hope based on figures given... HTB mortgages absolutely pushing affordability to the limits even the buyer is wondering if the figures are wrong... hidden CCJ's after applications and a secret 9k debt... one poster going for a mortgage when he's got 11 defaults in 3 years  (one for 9k!) and is in a DMP until 2023 even after getting a £700 a month bung from family ... another guy after a larger mortgage when he's behind on the one he has.. someone else with a 46k shortfall after a repo they are wondering how to make the most of it not being on their credit report by the sounds of it...

This is just the first two pages of posts. Surely these houses of cards will all come crashing down??? I declined an offer to visit an EA broker today who tried to tell me rates were going down and the 10k extra I may be able to borrow could get me my dream home... yeah or it could ruin my life like this lot!!!

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